Faizel Patel, Radio Islam News – 16-04-2017
It’s emerged that former Eskom CEO Brian Molefe has received a 30 million Rand pay-out following just 18 months at the helm of the power utility.
The Sunday Times is reporting the 30 million Rand golden handshake was paid to Molefe last month.
Molefe resigned from Eskom last year under a cloud of suspicion after it was revealed in Thuli Madonsela’s state capture report that he had exchanged 58 phone calls with Atul Gupta.
Public Enterprises Minister Lynne Brown told the Sunday Times she knew nothing of the payment, but saying that she didn’t deal with “operational issues” at the parastatal.
In documents seen by the Sunday Times the paper says there are conflicting reasons for the payment as it is described as a pension pay-out in one document and a severance cost in another.
Molefe would have had to earn a yearly gross income of R 243 million a year to have a pension of R30 million paid to him.
He told the Sunday Times he had been paid “what was due to me”.
Molefe now earns around R 1.1 million a year as an ANC MP in parliament.
LabourNets industrial expert Juanne van Vuuren says the payment looked very irregular.
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